Lithium-ion Battery Market for Consumer Electronics, Automotive, and Grid Energy & Industrial Applications - Global Industry Analysis, Trends, and Forecast 2024
Lithium-ion Battery are a part of rechargeable battery group. Lithium-ion batteries offer high storage capacity, better efficiency and long lifecycle than other batteries. The demand for these batteries are increasing in various applications such as consumer electronics products, automotive application such as EVs and HEVs and energy storage systems in power plants and household electricity. The global lithium-ion battery market is anticipated to grow with a significant rate between 2016 and 2024. The rising demand for electronic devices and the stringent government regulations to control pollution level are expected to drive the lithium-ion battery market during the forecast period. This study analyzes, estimates, and forecasts the global Lithium-ion Battery market in terms of volume (Units) and revenue (US$ Mn) from 2016 to 2024. Market numbers given in the report describe the demand for global lithium-ion battery, but not production or supply. The Lithium-ion Battery report als...